T/A ETF AND INDEX

[POKERSAM]

A word of warning -- My opinion is that we drop to IV and go up to V of C at 39.20 and that is the end of this correction. When this correction is over, which may be on Friday, we will roll over big time. We will begin a 5 wave impulse move down that will make the move off the Jan. high look like a rally. This 5 wave impulse will be steep and long.
I have noticed a lot of posters on other boards and guest on Bloomberg talking like this is the beginning of a new Bull move. It is not so. Wave Cs of corrections do that to people. The final wave of the impulse down had everyone thinking there was no bottom. I had to keep preaching correction to keep people positive and I still had some who insisted we were going down. In a few days I will be preaching collapse and some will fight it tooth and nail swearing this is a new bull market and the sky is the limit.